Saturday, 9th December 2023

Lamido Yuguda

2 days ago
The Director-General of the Securities and Exchange Commission (SEC), Lamido Yuguda, said the Islamic finance segment of the financial industry reached an estimated $2.9 billion as at the end of 2022 with outstanding Sukuk accounting for 57 per cent of the amount.
15 Nov
The Securities and Exchange Commission (SEC) has unveiled plans to create a new e-dividend portal that would help simplify the process of mandating accounts in the capital market.
17 Oct
The Securities and Exchange Commission (SEC) has said the value of state bonds issued and registered by the commission from 1978 to 2022 has risen from N20 million to N1.13 trillion in the debt capital market.
29 Aug
Shareholders have lamented the rising unclaimed dividends in the capital market currently put at N190 billion, stating that unless the parties involved in the processing of the claims adopt robust technology infrastructure that would enable investors to process their unclaimed dividend at the comfort of their homes, the menace may not be eliminated in the capital market.
29 Aug
Chairman of the Bank Directors Association of Nigeria (BDAN) and Chairman of Fidelity Bank Plc, Mustafa Chike-Obi, has advised bankers to assist the current administration in achieving its goals and objectives towards building a better Nigeria. Chike-Obi also charged bankers to adopt financial technology, artificial intelligence (AI), while staying up to date with information on…
26 Aug
The Securities and Exchange Commission (SEC) announced that the unclaimed dividend figure has risen to N190 billion from N170 billion recorded as at December 2020.
25 Aug
The Securities and Exchange Commission (SEC) says that the unclaimed dividends figure in the nation’s capital market currently stands at N190 billion. Mr Lamido Yuguda, the Director-General of SEC, said this at the second post-Capital Market Committee (CMC) media briefing in Abuja on Friday. He said the figure increased due to issues concerning identity management…
12 Jul
The West African Capital Markets Integration (WACMI), has announced a minimum capital standard of $500,000 for broker/dealers that intends to trade across the West African region.
30 Jun
NGX Regulation Limited (NGX RegCo) has restated its commitment to ensure that the nation’s capital market remains fair, transparent and orderly, thriving on timely information.
8 Jun
The Securities and Exchange Commission (SEC) said it is partnering the Standard Organisation of Nigeria (SON) to develop standards that would make the nation's agricultural commodities more acceptable in the international market and generate foreign exchange (forex).
3 Jun
With the assumption of office of President Bola Ahmed Tinubu, the Securities and Exchange Commission (SEC) has assured stakeholders of the readiness of the capital market to aid infrastructure development.
11 May
The Securities and Exchange Commission (SEC) said the capital market, which is considered the catalyst for economic growth, must be sustained by an effective and efficient dispute resolution mechanism to engender investors’ confidence


13 mins ago
Group of Islamic leaders from Tijjaniyya, Kadiriyya, and Izala Islamic sects have called on Nigerian and democracy stakeholders not to subvert the will of the people of Kano State who came out massively to vote for Governor Abba Kabir Yusuf (Abba Gida Gida) in March 2023. The leaders said doing so may cause unnecessary anger…
24 mins ago
The House of Representatives member representing Kiru and Bebeji Federal Constituency, Kano State, Abdulmumin Jibrin, has dismissed reports that the New Nigeria Peoples Party (NNPP) is in talks with the Peoples Democratic Party (PDP) or other opposition parties for possible coalition ahead of 2027. In a statement he personally signed on behalf of NNPP House…
37 mins ago
Nigerians, irrespective of their class or status, have been assured of adequate and efficient supply of electricity to their homes. The General Manager, Transmission Company of Nigeria (TCN), Maiwada Sarki Bello Paiko, made the promise during a media chat with newsmen at the dam site in Shiroro Hydro Electric Power station, Shiroro local council of…
38 mins ago
The National Judicial Council (NJC) under the Chairmanship of Justice Olukayode Ariwoola, has recommended the compulsory retirement of Justice S. O. Falola of Osun State High Court from the Bench.
1 hour ago
Ohanaeze Ndigbo, the apex Igbo socio-cultural organization, has cautioned against the clandestine activities of individuals and groups who are obstructing and frustrating the release of Nnamdi Kanu, the detained IPOB leader. This was disclosed yesterday by Secretary General of Ohanaeze Ndigbo, Mazi Okechukwu Isiguzoro, who asserted that the identities of these individuals and groups will…
1 day ago
President Joe Biden's silence spoke volumes on Friday after his son Hunter's legal woes deepened with lurid allegations that he avoided paying taxes while spending millions on drugs and escorts.
1 day ago
Russian President Vladimir Putin announced Friday that he would run for re-election in 2024, allowing the Kremlin leader to extend his decades-long grip on power into the 2030s.
1 day ago
Africa is home to some of the world’s fastest-growing cities, with an urban population projected to grow by 3.5% annually. Under ideal economic circumstances and with the right mix of public investments in transportation infrastructure, population growth is expected to translate to positive economic outcomes, trade facilitation and opportunities for poverty alleviation and job creation.
1 day ago
A 17-year-old boy, Lawali Mori, has been arrested for unlawfully engaging in carnal knowledge with a rooster, in what the Adamawa State Police Command has classified as " against the order of nature."
1 day ago
. Ask SDP to produce valid proofs of petition filing within 21-day window . Say Tribunal Secretary's claims of attack suspicious, must be investigated . Call on President Tinubu, security chiefs to protect colleague, nab sponsors of violence Over 400 lawyers, on Friday, raised the alarm over persistent threats to the life of one of…